Farage promises ‘crypto powerhouse’ for young

NIGEL Farage made a play for younger voters by pledging to turn Britain into a cryptocurrency “powerhouse”. The Reform UK leader unveiled plans for a “crypto bill” if he ever wins power. Mr Farage was due to reveal the proposal last night at The Bitcoin Conference in Las Vegas. Speaking earlier, Reform said the bill would “restore the rights of every citizen to control their own money”. It added: “Seven million people in the UK now hold crypto, including one in four people aged 18 to 34. “Not a single legacy party has taken them seriously, but Reform will. It’s time for Britain to lead again.” The draft legislation includes a reduced

- By Katie Harris

10% capital gains tax rate on cryptocurrency investments. It would also make it illegal for banks to close the accounts of people who want to pay with digital currency.